Dollar makes comback vs euro

The dollar rebounded against the yen and euro on Thursday as investors resumed buying the U.S. currency after nearly a week of declines, although expectations of a cut in U.S. interest rates capped gains.

Barclays boosts shares with charm offensive

Shares in Britain's Barclays Plc, battered over the past two months, rose more than 3 percent on Monday after a weekend charm offensive helped further ease concerns over the bank's financial health.

Barclays recovers after a week of bad headlines

Barclays was recovering from a week of bad headlines, denials and late-night statements on Friday, as analysts said there was little substance to the frenzy and few harbored genuine worries over the bank's health.

Major banks meet with policy officials, praise Fed's move

A group of major banks meeting in a conference call with U.S. monetary policy officials expressed strong support for the Federal Reserve's move on Friday to bring stability to volatile financial markets by reducing the discount lending rate.

European stocks extend losses as U.S. futures sag

European stocks extended their losses on Friday, losing more than 2 percent as a deepening concern surrounding the U.S. subprime mortgage market continued to hit stocks worldwide and pushed U.S. futures in the red.

ABN shares fall on Fortis financing worries: analysts

Shares in Dutch bank ABN AMRO fell as much as 11 pct on Friday as analysts cited a report that Fortis may find it difficult to finance its part of the deal to buy ABN together with Royal Bank of Scotland and Santander.

ABN, RBS consortium say to continue takeover talks

Dutch bank ABN AMRO is continuing to hold talks with the Royal Bank of Scotland-led consortium which has offered 71 billion euros ($97 billion) for the Netherlands' largest bank in a bidding war with British bank Barclays, the two groups said on Sunday.


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Barclays' ABN offer period set

Barclays' offer period for Dutch bank ABN AMRO will run until October 4 and the British bank's bid will be declared unconditional if at least 80 percent of ABN shares have been tendered, a filing showed.
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RBS profits up 11 percent

Royal Bank of Scotland, Britain's second biggest bank that is locked in a takeover battle for ABN AMRO, beat expectations with an 11 percent rise in profit and lifted its dividend by 25 percent.
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ABN withdraws backing for Barclays bid

Dutch bank ABN AMRO withdrew its recommendation of a takeover by Barclays, leaving it neutral between the British bank's offer and a higher bid from Royal Bank of Scotland's consortium. The Netherlands' biggest bank, the target of a 66 billion-euro ($89.55 billion) offer from Barclays and a 71 billion-euro bid from RBS, Belgium's Fortis and Spain's Santander, also reported a 7.1 percent decline in its second-quarter net profit on Monday.
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JPMorgan gets final OK to set up local China bank

JPMorgan Chase & Co. said on Monday it received final approval to set up a locally incorporated bank in China, one of the latest firms given the go-ahead for possible retail operations in the country.
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Barclays lifts ABN offer with China, Singapore help

British bank Barclays raised its bid for Dutch group ABN AMRO to 67.5 billion euros ($93 billion) on Monday, helped by some of the biggest ever overseas investments by China and Singapore. The bid still falls short of a rival $71 billion-euro bid from a group of European banks led by Royal Bank of Scotland.
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Report says Barclays seeks billions for ABN

Britain's Barclays is in talks with the governments of China and Singapore to raise 10 billion pounds ($20.6 billion) to help fund its planned purchase of Dutch bank ABN AMRO, the BBC reported on Monday.